Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from Colombia's active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. Its assets include Tapir Block, Santa Isabel (Oso Pardo), Capella Field, Pepper, and Fir. The Company owns a 50% working interest (WI) in Tapir Block with approximately 65,154 gross acres (32,577 acres net). The Oso Pardo Field is located in the Santa Isabel Block in the MMV Basin. Its 10% interest in the Ombu Block contains the Capella discovery. The Company holds a 100% operated WI in 37 sections of Montney P&NG rights on its Pepper asset in West Central Alberta.

TSXV:AXL - Post by User

Arrow Exploration Corp > measly half cent......WHAT

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Comment by Rob0012on Mar 05, 2023 6:38pm

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Post# 35320312

RE:measly half cent......WHAT

silverT...not sure you've been around long enough to appreciate (or not!) the way AXL trades. There are many traders with warrants that are playing our stock (price of execution is 9 pences, sits at 19 and a bit). The "sell on news" is so evident here that no need to attend "Trading Stocks 101"! LOL! But I would expect the SP to move up slowly again from here. The flow rate from RCE3 was already in the SP. Now, we will see uptrend as the RCE$ is being drilled. Needs patience. Not the trading stock to day or weekly trade. Just sit back and relax. We'll get to 40 in due time!
Cheers!
Rob

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